Lao Securities Exchange

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Lao Securities Exchange
Vientiane Stock Exchange.jpg
TypeStock exchange
LocationVientiane, Laos
Founded11 January 2011
Key peopleDethphouvang Moularat Chairman
CurrencyLao Kip
No. of listings7
Volume1.11 trillion kip 12/04/2018[1]
Websitewww.lsx.com.la

The Lao Securities Exchange (LSX) is the primary stock exchange in Laos, located in the capital Vientiane.

History[edit]

In 2010, the Lao government sought technical and financial support from South Korea (Korea Exchange has a 49-percent stake in the LSX), as well as advice from neighbouring Thailand, to help build the exchange.[2]

The glass-building cost $10 million to build.[3] It began operations on 11 January 2011.[4]

Companies[edit]

There are currently five listed companies on the stock exchange: - EDL Generation-Public Company, which is a subsidiary of the state owned energy company, Electricite du Laos, Banque Pour Le Commerce Exterieur Lao (BCEL), the largest bank in Laos, Lao World, a property service company, Petroleum Trading Lao PCL and Souvanny Home Trading Public Company.

References[edit]